How to Rent Your Vacation Home or Condo in Salem, Oregon

When you rent out your home, there are a few things that you should consider before listing it on Airbnb. First of all, you must ensure that you have the necessary permits and licenses to operate in the area. If you don’t, you could be breaking the law. There are also a few things that you should keep in mind when renting out your home. First of all, make sure that you discuss with your guests what is expected of them and what they can expect from the rental property. You should also keep in mind that Airbnb has a zero tolerance policy for illegal activity at their properties. If your guests violate this policy, they could be removed from your home and could face legal action from Airbnb.

Current Vacation Rental Trends in Salem

During the month of September, Salem is projected to generate over $180/night for a 2 bedroom vacation rental, on average! There were 315 vacation active rental properties in Salem.  231 are renting the entire place, and 84 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Salem is booked 81% of the time, and most hosts are projected to generate $3,289 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
tag

$180.00 Per Night*

calendar

81% Occupied*

gauge

$3,289.00 Per Month*

* Based on the median average of all vacation rentals in the Salem area.
Get a free estimate for your home or condo.

Vacation Rentals in Salem are Generating Record Profits with RedAwning

See how much your Salem vacation rental could earn:

Successful short-term vacation rentals in Salem, Oregon

If you’re thinking about renting your home for a vacation, you may be wondering if there are any trends that might make it a better choice than a hotel. In short, the answer is yes – there are a number of factors that can make short-term rental homes a better choice in Salem, Oregon than hotels. First of all, you can choose to rent out your home instead of renting a room. This gives you greater flexibility and control over your schedule, as well as the ability to take advantage of extra space and amenities. Being able to invite friends and family over for dinner or an afternoon barbecue is also an important perk. One other huge advantage that short-term rental homes have over hotels is cost. With a short-term rental home, you can keep costs low by avoiding the need for costly hotel infrastructure like kitchens and laundry rooms. Short-term rental homes also tend to be cheaper than hotel rooms because they don’t incur large monthly expense like utilities, cleaning fees, and property taxes.

The demand for short-term vacation rentals in Salem continues to increase. This is mainly due to the growing number of tourists who visit the city every year. People also prefer renting out their homes while they are away on vacation so they can earn some money to spend on other things during their stay. There are many benefits that you can get from renting out your Salem home as a vacation rental. For instance, you can earn extra income by renting out your house to tourists. You can also have more privacy and flexibility when you are renting out your house because you can decide when and how long you want to let people rent your house. The demand for short-term vacation rentals in Salem is expected to keep growing in the future due to the increasing number of tourists visiting the city every year.

Revenue Projections for Vacation Rentals in Salem, Oregon during October, 2022

Based on a 2 bedroom, which is the most common Salem vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in October. Higher bars below can command higher prices, if your Salem vacation rental is available during these days.
 
$16288%1st
 
$14884%2nd
 
$15383%3rd
 
$14683%4th
 
$14783%5th
 
$15085%6th
 
$17690%7th
 
$17790%8th
 
$14486%9th
 
$14285%10th
 
$14684%11th
 
$15083%12th
 
$15384%13th
 
$18885%14th
 
$18886%15th
 
$15284%16th
 
$15082%17th
 
$15782%18th
 
$15683%19th
 
$15783%20th
 
$18085%21st
 
$17985%22nd
 
$15684%23rd
 
$15783%24th
 
$15682%25th
 
$15782%26th
 
$14883%27th
 
$16384%28th
 
$17086%29th
 
$15186%30th
 
$15581%31st
 

Average Daily Price & Percent Occupied Next Month In Salem

Note: These averages are based on a 2 bedroom home in Salem. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Salem, Oregon?

If you are a speculative home buyer or have another home in Oregon, check out our other Oregon Vacation Rental Management reports in EugenePortlandCannon BeachSeasideGearhartBendDepoe BayBrookingsHood RiverSunriverRedmondParkdale,  and Powell Butte, Oregon or view all of our vacation rental market reports

Request More Information